ట్రంప్ కి షాక్ ఇవ్వనున్న భారత్ I RAVI REPORTS I
India is preparing to take a crucial decision in response to the tariff restrictions imposed by former US President Donald Trump. As prices of Indian goods have increased in the American market, demand has declined, leading to losses for exporters. To compensate for this setback, India is now exploring alternative global markets.
As part of this strategy, negotiations with the European Union for a Free Trade Agreement (FTA) have reached the final stage. There is a strong possibility that clarity on the agreement will emerge during the India–EU Summit scheduled for the 27th of this month.
If the Free Trade Agreement is implemented, India’s exports are expected to grow and foreign investments are likely to increase. Sectors such as textiles, pharmaceuticals, engineering goods, and agricultural products will gain duty-free access to the EU market. At the same time, European products like BMW and Volkswagen cars and French wine may become more affordable in the Indian market.
Overall, this move is seen as a significant step toward reducing India’s dependence on the United States and strengthening the country’s economic security.